101 W Ceres Blvd - Warehouse FOR SALE


Vicksburg, MS 39183
$7,844,936 USD
615-476-3982
101 W Ceres Blvd, Vicksburg, MS for Sale
$7,844,936 USD
Warehouse - FOR SALE
1/3
null | 7.05% Cap Rate

101 W Ceres Blvd
Vicksburg, MS 39183


HIGHLIGHTS

  • 10-Year NNN Lease: Hitachi Energy USA Inc. recently executed a 10-year lease with Two, 5-Year options.
  • High Growth & Economic Relevance: Hitachi recently announced a significant investment of over $1 Billion USD to expand manufacturing operations in US.
  • Strong Rent Growth: This lease consists of 2.75% annual rent increases offering long-term upside.
  • Advantageous Location: This property benefits from its direct access to I-20 and is well located in an active industrial corridor.
  • Functional & Well-Equipped Facility: Situated on ±20 AC, this ±92,178 SF this facility boasts tall clear heights.

OVERVIEW

Phillip Carpenter License # C-11708 (MS) Carpenter Properties, Inc. 1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550

FOR SALE DETAILS

PRICE

$7,844,936 USD

PRICE/SF

$85 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hitachi Energy

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

3

PARKING SPACES

39

LAND DETAILS

LAND ACRES

20

LAND SF

871,200

ZONING

-

APN/PARCEL ID

100-13-9999-0001-06

ASK ABOUT THIS PROPERTY

Jay ReevesMatthews Real Estate Investment ServicesMore Info
615-476-3982

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Jay ReevesMatthews Real Estate Investment ServicesMore Info
615-476-3982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.